City of Chicago, IL

"We are looking for parity with what's in Joliet contract. That is what would successfully allow us to work with the city of Chicago and that would make that alternative the preferred alternative over a new source water project," the commission's Paul May said.

All constitutional options need to be on the table, state Sen. Robert Martwick said, including fund consolidation, pension obligation bonds, new taxes and more.

A top advisor to Brandon Johnson said his administration is still waiting on the advice of incoming CFO Jill Jaworski and budget director Annette Guzman.

The Biden Administration has partnered with five cities and the State of California in efforts to reduce homelessness.

With hotel taxes unlikely to keep pace with debt service , the Illinois Sports Facilities Authority is eyeing a restructuring to extend final bond maturity.

The CTA is looking for the state to boost operating funds to help solve a looming $400 million annual shortfall.

The choice of PFM's Jill Jaworski for the CFO position drew praise from the outgoing CFO and market participants who are watching closely to see whether the city stays on track with fiscal progress that has drawn more than a dozen rating upgrades across credits.

Chicago Mayor-elect Brandon Johnson hopes to make an announcement on the CFO post before taking office Monday.

Legislation making its way through the state legislature enhances pension benefits for Tier 2 Chicago firefighters but the Civic Federation is urging lawmakers to slow down.

Chicago Mayor Lori Lightfoot and Texas Gov. Greg Abbott traded barbs over the flow of migrants as the city has been overwhelmed since Texas began sending them on to Chicago last August.